Under Contract

The West Town Collection Property Portfolio, Chicago, Illinois

Under Contract
Description
NelsonHill is pleased to present the West Town Collection, consisting of thirteen (13) newly constructed retail condos, eleven of which are occupied. At a combined total of 14,893 SF of retail space, the portfolio is anchored by units in the heart of Bucktown, Wicker Park and Noble Square.
Property Highlights
  • Approximately 14,893 SF of retail space
  • Thirteen newly constructed retail condos
  • Eleven of thirteen are fully leased
Property Specifications
Number of Properties 13
Total Property Size + 14,893 SF
Zoning B1-2, B3-2, B3-3, B3-4, C1-2
2017 Total Taxes $73,826.23
Current Annual Gross Income $313,276.17
Pro Forma Annual Gross Income $477,852.00
Current NOI $202,916.86 (10.15% CAP)
Pro Forma NOI $219,935.14 (10.99% CAP)
Asking Price $2,000,000
 
Property Location